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Reference M4980

Empty Shop in South London For Sale

Register to see map and to make an appointment Situated in a parade, densely populated residential area close to RAILWAY STATION, SE LONDON

Price 5,000

Features

Empty Premises

Until recently trading as a News, Confectionery, tobacco business which in our opinion there is potential to re-open for this type of trade or indeed the permises have potential for a number of retail trades including possibly a sandwich bar, hairdressing.

We understand that approximately 4 years ago the premises was operated with a sub-post office & it might be possible for this to be reintroduced, subject to obviously Post Office Counters granting permission,

DOUBLE FRONTED SALES SHOP. Sales area in the region of 490 sq. ft. with non-slip floor, suspended ceiling with inset concealed lighting.

The vendor will install a cloakroom with w.c. & wash hand basin

Optional extra rear room with garden & outside w.c.

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 10 years full repairing and insuring lease at a rental for the shop area of 10,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

Should the rear room also be required, the vendor subject to satisfactory references, is prepared to grant a new 10 years full repairing and insuring lease in respect of the shop with rear room and garden at a rental of 14,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years. (Please note the lease is to be outside the Landlord & Tenant Act).

RECOMMENDED FOR EARLY INSPECTION

Price

PREMIUM REQUIRED FOR THE NEW LEASE 5,000 subject to contract

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